VOL. XCIV, NO. 247

★ FINANCIAL TOOLS & SERVICES DIRECTORY ★

PRICE: 5 CENTS

Monday, October 6, 2025

Head-to-head

CME FedWatch Tool vs World Bank Open Data (data.worldbank.org) comparison

Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.

Quick takeaways

CME FedWatch Tool adds Central Bank Watcher, APIs & SDKs, Data Visualizations, and Calendar coverage that World Bank Open Data (data.worldbank.org) skips.

World Bank Open Data (data.worldbank.org) includes GDP, Inflation Rates, and Unemployment Rates categories that CME FedWatch Tool omits.

CME FedWatch Tool highlights: Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures., Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel., and Fed ‘Dot Plot’ chart plus table view..

World Bank Open Data (data.worldbank.org) is known for: Programmatic access to nearly 16,000 time-series indicators across 45+ databases, with many series spanning over 50 years., Indicators API requires no key and supports both JSON and XML responses with flexible query styles., and Query capacity includes up to 60 indicators per call, subject to URL length limits..

CME FedWatch Tool logo

CME FedWatch Tool

cmegroup.com

Official CME probabilities for upcoming FOMC decisions, derived from 30‑Day Fed Funds (ZQ) futures. Web tool provides meeting‑by‑meeting probability matrices, comparisons over time, a historical download, and a Dot Plot view. A paid REST API is available for programmatic access. CME documents the probability‑tree methodology clearly; API snapshots update on business days at ~01:45 UTC. Media usage asks attribution to “CME FedWatch.”

Platforms

Web
API

Pricing

Free
Subscription

Quick highlights

  • Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures.
  • Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel.
  • Fed ‘Dot Plot’ chart plus table view.
  • One‑click PDF generation of the current page and Excel downloads for historical probabilities.
  • Transparent methodology: unconditional probabilities via a binary probability tree built from implied EFFR, assuming 25 bp step sizes.

Community votes (overall)

0% upvotes 0% downvotes
You haven't voted yet
World Bank Open Data (data.worldbank.org) logo

World Bank Open Data (data.worldbank.org)

data.worldbank.org

Global macroeconomic and development indicators with fully open access. The Indicators API requires no API key, and the DataBank portal supports direct downloads in CSV, Excel, TXT, and SDMX. Most datasets are available under the CC BY 4.0 license, though a few third-party series carry different terms.

Platforms

Web
API

Pricing

Free

Quick highlights

  • Programmatic access to nearly 16,000 time-series indicators across 45+ databases, with many series spanning over 50 years.
  • Indicators API requires no key and supports both JSON and XML responses with flexible query styles.
  • Query capacity includes up to 60 indicators per call, subject to URL length limits.
  • DataBank offers one-click downloads in Excel, CSV, TXT, and SDMX, along with embeddable charts, maps, and tables.
  • Individual indicator pages allow direct CSV, Excel, and XML exports.

Community votes (overall)

0% upvotes 0% downvotes
You haven't voted yet
Overlap

Shared focus areas

2 overlaps

Mutual strengths include Interest Rates, and Data APIs.

Where they differ

CME FedWatch Tool

Distinct strengths include:

  • Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures.
  • Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel.
  • Fed ‘Dot Plot’ chart plus table view.
  • One‑click PDF generation of the current page and Excel downloads for historical probabilities.

World Bank Open Data (data.worldbank.org)

Distinct strengths include:

  • Programmatic access to nearly 16,000 time-series indicators across 45+ databases, with many series spanning over 50 years.
  • Indicators API requires no key and supports both JSON and XML responses with flexible query styles.
  • Query capacity includes up to 60 indicators per call, subject to URL length limits.
  • DataBank offers one-click downloads in Excel, CSV, TXT, and SDMX, along with embeddable charts, maps, and tables.

Feature-by-feature breakdown

AttributeCME FedWatch ToolWorld Bank Open Data (data.worldbank.org)
Categories

Which research workflows each platform targets

Shared: Interest Rates, Data APIs

Unique: Central Bank Watcher, APIs & SDKs, Data Visualizations, Calendar

Shared: Interest Rates, Data APIs

Unique: GDP, Inflation Rates, Unemployment Rates

Asset types

Supported asset classes and universes

Futures

Other

Experience levels

Who each product is built for

Beginner, Intermediate, Advanced

Beginner, Intermediate, Advanced

Platforms

Where you can access the product

Web, API

Web, API

Pricing

High-level pricing models

Free, Subscription

Free

Key features

Core capabilities called out by each vendor

Unique

  • Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures.
  • Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel.
  • Fed ‘Dot Plot’ chart plus table view.
  • One‑click PDF generation of the current page and Excel downloads for historical probabilities.
  • Transparent methodology: unconditional probabilities via a binary probability tree built from implied EFFR, assuming 25 bp step sizes.
  • FedWatch REST API (OAuth2) with endpoints for /forecasts and /meetings (future/history); extended history available.

Unique

  • Programmatic access to nearly 16,000 time-series indicators across 45+ databases, with many series spanning over 50 years.
  • Indicators API requires no key and supports both JSON and XML responses with flexible query styles.
  • Query capacity includes up to 60 indicators per call, subject to URL length limits.
  • DataBank offers one-click downloads in Excel, CSV, TXT, and SDMX, along with embeddable charts, maps, and tables.
  • Individual indicator pages allow direct CSV, Excel, and XML exports.
  • SDMX API available, with data calls capped at roughly 15,000 datapoints per request.
Tested

Verified by hands-on testing inside Find My Moat

Not yet

Not yet

Editor pick

Featured inside curated shortlists

Standard listing

Standard listing

Frequently Asked Questions

Which workflows do CME FedWatch Tool and World Bank Open Data (data.worldbank.org) both support?

Both platforms cover Interest Rates, and Data APIs workflows, so you can research those use cases in either tool before digging into the feature differences below.

Do CME FedWatch Tool and World Bank Open Data (data.worldbank.org) require subscriptions?

Both CME FedWatch Tool and World Bank Open Data (data.worldbank.org) keep freemium access with optional paid upgrades, so you can trial each platform before committing.

How can you access CME FedWatch Tool and World Bank Open Data (data.worldbank.org)?

Both CME FedWatch Tool and World Bank Open Data (data.worldbank.org) prioritize web or desktop access. Investors wanting a mobile-first workflow may need to rely on responsive web views.

What unique strengths set the two platforms apart?

CME FedWatch Tool differentiates itself with Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures., Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel., and Fed ‘Dot Plot’ chart plus table view., whereas World Bank Open Data (data.worldbank.org) stands out for Programmatic access to nearly 16,000 time-series indicators across 45+ databases, with many series spanning over 50 years., Indicators API requires no key and supports both JSON and XML responses with flexible query styles., and Query capacity includes up to 60 indicators per call, subject to URL length limits..

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.